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Pro Farmer estimates the U.S. corn crop at 13.759 billion bushels, with an average yield of 168.1 bu. per acre, and the U.S. soybean crop at 4.535 billion bushels, with an average yield of 51.7 bu. per acre.
When adjusted for inflation, 2022 net cash farm income is forecast to increase by $13.5 billion (8.7%) from 2021 and be at its highest level since 2012.
The reconciliation bill is heading to the House on Friday with many provisions on ag. Here’s what producers need to know about the Inflation Reduction Act.
These funds—separate from the $500 million recently enacted through the Inflation Reduction Act—will be used for facility installation, retrofitting and pump upgrades, along with new equipment and buildings.
Tuesday’s Crop Tour trek through Nebraska and Indiana gave scouts a glimpse at the moderate to exceptional drought Mother Nature has brought down on soil and crops this growing season.
We often hear about government funding but little about how it is actually being used. These 289 projects funded by the USDA will cover everything from solar arrays to grain dryers.